Cyber insurance is no longer optional.
With ransomware, phishing, and regulatory fines on the rise, clients must demonstrate they’re taking the right precautions.
Insurance carriers want evidence, and MSPs who guide their clients through compliance are uniquely positioned to deliver it.
Clients with a documented, actively managed compliance program are often rewarded with:
Lower deductibles
Higher policy limits
Fewer coverage exclusions
Better renewal terms
Cyber insurance isn't just a safety net - it's a business enabler. Here's why getting it right can mean big savings for your clients - and open new revenue lanes for your MSP:
of small businesses don't qualify for cyber insurance on their initial attempt.
(Source: Cowbell Cyber)
increase in insurance premiums for businesses that fail to meet baseline security controls.
(Source: MArsh Cyber Insurance Market Report)
of SMBs: having cyber insurance give them peace of mind to invest in new technology.
(Source: AdvisorSmith)
Defines how employees may use company systems and data.
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Develop & manage your Information Security Governance program.
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Maintain business operations or recover in the event of disruption.
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Outlines how to respond to and recover from cyber incidents.
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Explains how third-party vendors are evaluated & monitored for risk.
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Ensures all staff complete regular cybersecurity training.
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Cyber insurance carriers assess your clients' risk and reward strong security postures.
Implement Security Awareness Training
Training tells insurers you're taking proactive steps to reduce user-driven incidents, which may influence coverage terms.
Align Evidence with Insurer Security Checklists
When clients check off these boxes with evidence, it speeds up the process, reduces back-and-forth, and shows readiness.
Upsell, cross-sell, and scale your offerings by building on trust.
Learn how to turn trust and protection into new revenue streams, deeper clients relationships, and scalable growth for your Compliance-as-a-Service offering.
